November 25, 2003

ICELANDIC FINANCIAL HEGEMONY AS FAROES STOCK MARKET IS ABSORBED

From the Iceland Review

Faroese Shares On Iceland Stock Exchange

The Iceland Stock Exchange has signed an agreement with the Faroese Stock Exchange to register the latter with the former. The director of the Iceland Stock Exchange says that this agreement will strengthen the Exchange, especially in terms of fisheries stocks. A formal agreement will be signed by 1 January, and trading could begin early next year. The Faroese Stock Exchange chose the Iceland Stock Exchange over the Danish one as the market here is small and with the same fundamentals as in the Faroe Islands.

Avoid Mutual Fund Malfeasance- Invest in the Faroese Stock Exchange!

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